Building Details

Year Built 2013

Listing Agency: Keller Williams City-View

Listed By: Shannon Richardson Show Phone

Source: Sarahildebrandaguilera

Added: Jul 12 Changed: Oct 3 Last Checked: Oct 7 at 5:46PM

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Investment Insights

Based on property information with market context.

This flex-space property occupies a 2.32-acre hard-corner site along FM 2790 S in LaCoste. The improvements include an office, a shop with lift, a workshop, two storage buildings, and an exterior bathroom. A large open yard provides usable outdoor space for equipment, vehicles, materials, customer parking, or outdoor seating.

The tract is fully fenced and has three gated entrances, creating multiple points of access across the site. Its location on FM 2790 S provides a visible setting with connections to LaCoste, Castroville, Lytle, and San Antonio. The existing combination of enclosed improvements and open yard space can accommodate operations involving trade services, contracting, equipment storage, automotive or welding activities, food service concepts, outdoor retail, or similar commercial uses, subject to verification of zoning, utilities, permitted uses, and development requirements.

Key Highlights

• 2.32‑acre hard‑corner commercial site on FM 2790 S
• Fully fenced property with three gated entrances
• Existing office, shop with lift, and workshop

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,639

Cap Rate

2.97%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$412,780 $412.8K

Cap Rate 7%

$294,843 $294.8K

Cap Rate 9%

$229,322 $229.3K

Market Conditions

NOI Build-Up for 1,960 SF

Gross rent

$35.3K $18.00/SF

− Vacancy

−$3.5K −$1.80/SF

EGI

$31.8K $16.20/SF

− OpEx

−$11.1K −$5.67/SF

NOI

$20.6K $10.53/SF

Area

Medina County, TX

Vacancy

10.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$412,780

Cap Rate 7%

$294,843

Cap Rate 9%

$229,322

Alternative Uses

Best Use

Flex RnD

$294.8K

$258.0K – $344.0K (±1% cap)

NOI $20,639 @ 7.0% cap · market cap 2.97%

Second Best

Warehouse

$203.5K

$178.1K – $237.4K (±1% cap)

NOI $14,244 @ 7.0% cap · market cap 2.05%

Theoretical Best

Office A

$500.0K

$437.5K – $583.3K (±1% cap)

NOI $34,997 @ 7.0% cap · market cap 5.04%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick HVAC Service Bakery Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Fenced yard

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

6

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 78039, TX

1,795

Population

889

Households

2

Avg Household Size

42

Median Age

16%

College-Educated

91%

High-School Grad

20.8 sq mi

ZIP Area

86

Density / Sq Mi

$74,013

Median Household Income

$42,263

Median Earnings

$1,068

Median Rent

$122,600

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Flex space - Office, shop, storage buildings, and gated outdoor space support varied commercial operations.

Where is this flex space located?

The property is located at 13019 Fm 2790 La Coste, TX.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: 2.32‑acre hard‑corner commercial site on FM 2790 S; Fully fenced property with three gated entrances; Existing office, shop with lift, and workshop